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Acquisitions and Divestitures News in United Kingdom

Endeavour Energy Kicks off North Sea Assets Sale
3/22/2018 - Endeavour Energy UK has launched the sale of its North Sea oil and gas assets at an ambitious price target of $500 million, according to two industry sources and a document seen by Reuters. The sale i...
Solo Oil Announces Completion of Horse Hill Acquisition
3/9/2018 - Solo, the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, today confirms the completion of the acquisi...
Total Closes Maersk Oil Acquisition, Becomes Second-largest Operator in North Sea
Total Closes Maersk Oil Acquisition, Becomes Second-largest Operator in North Sea 3/8/2018 - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OE...
Independent Oil and Gas Announces Operational Update
2/28/2018 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, is pleased to provide an update on the acquisition of the Thames Pipeline and the Intelligent Pigging Pro...
Baron Oil Signs Agreement with Corfe to Farm in to North Sea Wick Prospect
2/19/2018 - Baron Oil PLC has entered into an option agreement with Corfe Energy Limited to be assigned part of its rights to farm in to UK North Sea Licence P2235, which contains the Wick Prospect. Baron's optio...
Angus Energy Completes First Stage of Balcombe Partnership
2/16/2018 - Angus Energy Plc, the conventional oil and gas production and development company, announces that pursuant to the Company’s 22 January RNS it has initiated the Balcombe Partnership with the completion...
Angus Energy Announces Agreement to Acquire a 25% interest in the PEDL244
1/22/2018 - Angus Energy, a conventional oil and gas production and development company, has entered into a definitive agreement to form a new partnership with Cuadrilla Balcombe ('Cuadrilla') and Lucas Bolney('L...
ITHACA Signed Agreement to Sale Its Interest in Wytch Farm Field
1/18/2018 - Ithaca Energy Inc. (Ithaca) announces that it has entered into an agreement for the sale of its entire interest in Licences PL089, P534 and PEDL 328, which contain the onshore Wytch Farm field, to Ver...
Ithaca Energy Sells Wytch Farm field to Verus Petroleum
1/18/2018 - Ithaca Energy has entered into an agreement for the sale of its entire interest in Licences PL089, P534 and PEDL 328, which contain the onshore Wytch Farm field, to Verus Petroleum SNS Limited for a c...
United Oil & Gas Farms into Corallian Energy's Southern UK Assets
1/16/2018 - United Oil & Gas, the London Stock Exchange listed oil and gas exploration and development company, has announced an agreement to farm-in to the Corallian Energy interests in its southern UK oil and g...
INEOS Launches Six New Oil & Gas Businesses
1/15/2018 - INEOS has confirmed that it is launching six new oil and gas businesses. The announcement follows the completion of a number of North Sea Oil and gas acquisitions that began in 2015. Today INEOS is a ...
Premier Oil Announces Sale of Interest in ETS Pipeline
12/11/2017 - Premier has entered into a sale and purchase agreement (SPA) to sell its entire equity interest in the Esmond Transportation System (ETS) pipeline to CATS Management Limited (an Antin Infrastructure P...
Egdon Resources Acquired 100% Interest in Promote Licence P2304
12/4/2017 - Egdon Resources plc has announced the acquisition of 100% interest in Promote Licence P2304 (UKCS Block 41/24) from Arenite Petroleum Limited and Europa Oil & Gas Limited. P2304 is located to the imme...
EnQuest Completes Acquisition of Stake in Magnus Field from BP
12/1/2017 - EnQuest PLC has completed the acquisition of an initial 25% interest in the Magnus oil field ('Magnus'), a 3.0% interest in the Sullom Voe Oil terminal and supply facility ('SVT') and additional inter...
Cluff Natural Resources Announces Extension of Southern North Sea Licences
11/28/2017 - Cluff Natural Resources, the AIM quoted natural resources investing company, has announced that the UK’s Oil & Gas Authority ('OGA') has confirmed that the Company’s two 100% owned Southern North Sea ...
Siccar Point Energy Farms out West of Shetlands Lyon Prospect to Ineos
11/21/2017 - Siccar Point Energy E&P has entered into a farmout agreement with Ineos UK SNS covering two exploration licences (P.1854 and P.1935) in the West of Shetlands area, containing the significantLyon Prosp...
BP to Sell Bruce Assets to Serica
11/21/2017 - BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy. BP currently operates the assets, which comprise the Bruce, Keith and Rhum fields, three bridge-...
Wood Commences New Partner Contract for SAGE System and Beryl Pipeline
11/20/2017 - Wood has commenced a multi-million dollar, evergreen contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitio...
Union Jack Oil's Bid to Buy 20% Interest in Fiskerton Project Approved
11/20/2017 - Further to the announcement of 6 November 2017, Union Jack Oil, a UK-focused, onshore oil and gas production and exploration company, has announced that the Oil and Gas Authority has approved the acqu...
Chrysaor Awards Three-Year Contract for Central North Sea Assets to Sparrows Group
11/7/2017 - Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it will take ownership of from Shell in November. The operator will become the larges...

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